Truist Financial analyst Keith Hughes maintained a Buy rating on Masco (MAS – Research Report) today. The company’s shares closed last Friday at $69.85.
Hughes covers the Industrials sector, focusing on stocks such as Masco, Owens Corning, and GMS. According to TipRanks, Hughes has an average return of 23.8% and a 66.90% success rate on recommended stocks.
Masco has an analyst consensus of Moderate Buy, with a price target consensus of $80.61, a 15.40% upside from current levels. In a report released on April 24, Wells Fargo also maintained a Buy rating on the stock with a $90.00 price target.
MAS market cap is currently $15.38B and has a P/E ratio of 17.09.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MAS in relation to earlier this year. Last month, Renee Straber, the VP – Chief HR Officer of MAS sold 52,264.00 shares for a total of $3,987,966.90.
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Masco (MAS) Company Description:
Masco Corp. engages in the design, manufacture, marketing and distribution of branded home improvement and building products. It operates through the following business segments: Plumbing Products and Decorative Architectural Products. The Plumbing Products segment includes faucets; plumbing fittings and valves; showerheads and hand showers; bathtubs and shower enclosures; toilets; spas, and exercise pools. The Decorative Architectural Products segment offers paints and coating products; and cabinet, door, window, and other hardware. The company was founded by Alex Manoogian in 1929 and is headquartered in Livonia, MI.
